Note and Mortgage. I will comply with all of the terms of the Note and this Mortgage.
Note and Mortgage. A portion of the purchase price for the Midstream Assets under the Midstream PSA will be, at the Closing, paid pursuant to a promissory note (“Note”), and the Midstream Assets will be subject to a mortgage, deed of trust, security agreement and financing statement (the “Mortgage”); all as more particularly described in the Midstream PSA. As additional collateral for the Note and Mortgage, the Parties specifically acknowledge and agree that the Deep Rights shall be described, covered by and subject to the same terms, conditions and provisions as the Midstream Assets, and that the legal descriptions of the Deep Rights contained in EXHIBIT “A” attached hereto shall also be attached as an exhibit to the Mortgage.
Note and Mortgage. The Building Loan (i) shall be evidenced by the Building Loan Note, (ii) shall be secured by the Building Loan Mortgage constituting a lien on the leasehold estate of the Borrower in the Premises, the Improvements and other property, rights and interests of the Borrower described therein (the Premises, the Improvements and such other property, rights and interests being hereinafter collectively referred to as the “Property”), and (iii) shall be advanced into the Borrower Disbursement Account and released therefrom for application to costs incurred by Borrower in connection with the construction of the Improvements on the Premises in accordance with the provisions of this Agreement and the Loan Agreement. The terms and conditions and the covenants set forth therein are herein incorporated by reference.
Note and Mortgage. Subsection (m) of Section 6.01 of the Existing Deed of Trust is hereby amended and restated in its entirety to read as follows:
Note and Mortgage. In consideration of the Loan, the Borrower has on this date executed a promissory note (the “Note”), and Borrower and The Lofts on Main Housing Development Fund Company, Inc. (the “HDFC”) have executed a mortgage (the “Mortgage”) in the principal amount of One Million Forty Four Thousand Four Hundred Eighty One and 00/100 Dollars ($1,044,481.00), which Mortgage secures the Note and covers the Borrower’s and the HDFC’s respective interests in the Project and the Property. Capitalized terms used but not defined herein shall have the same meanings ascribed to such terms in the Note.
Note and Mortgage. To comply with all of the terms of the Note and this Mortgage.
Note and Mortgage. Immediately after the Note has been paid in full or otherwise satisfied or discharged, the terms and provisions of the Release shall thereafter apply to all rights and obligations the parties had or may have had under the Note and Mortgage as
Note and Mortgage. At the Closing, Blackhawk shall execute, issue and deliver to REG (a) a convertible secured subordinated promissory note in the amount of $21,700,000 in the form attached hereto as Exhibit C (the “Note”), (b) the subordinated mortgage of leasehold, security agreement, assignment of leases and rents and fixture filing in the form attached hereto as Exhibit F (the “Subordinated Mortgage”) and (c) the subordinated security agreement in the form attached hereto as Exhibit E (the “Security Agreement”).
Note and Mortgage. Redeveloper shall deliver a Promissory Note in the principal amount of $6.2 million together with such other collateral security documents relating to the Property and the Redevelopment as may be required by SEDA, subject to subordination as provided above. Function Space License Agreement: Redeveloper and SEDA shall execute a Function Space License Agreement pursuant to which SEDA, the City and other authorized individuals and entities shall have the irrevocable right and license to reserve and use the convention center meeting space, ballroom, pre-function space and boardroom, together with rights for supporting occupancy reservations for certain City-wide and other events, on terms and conditions set forth therein. In consideration of the significant assistance in development financing provided by SEDA in support of the Redevelopment, SEDA shall be entitled to: use of the ballroom three (3) days per calendar year and use of the meeting rooms six
Note and Mortgage. Effective as of the Release Effective Date, Green shall be released from all obligations to the Company under the Note, and as soon as practicable thereafter, the Company shall deliver the original Note to Green marked “cancelled” and shall prepare and file, or cause to be prepared and filed, in the public records of Pinellas County, Florida, a Satisfaction of Mortgage with respect to the Mortgage.
